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Solo Phone Leverages Digital Contents & Services for Growth- Ogundipe

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Tayo Ogundipe, is co-founder of Solo, an experience-driven digital content and smartphone company focused on delivering the best content and services on the mobile platform to African consumers.
Ogundipe, a Nigerian-born, former senior global executive with HTC and Sony Ericsson together with other Solo management team bring an unusual blend of global sector expertise and deep knowledge of African markets that enable the team to conceive and implement a market-leading, mobile consumer proposition uniquely suited to African markets.
Solo, among other things, is packaged with competitive data bundles from mobile operator partners, content and service offerings, to create a revolutionary, new customer-centred user experience, never before been seen on the African continent, he told peter ugwu in this interview.   

Concept of Solo Phone
The very premise of Solo, is a belief that the digital contents and services huge, obviously, globally, and incredibly huge in the emerging markets, because Solo, is really an emerging market player. Probably, we started in Nigeria, but the vision is to go across the emerging markets.
The way we look at it is that the digital contents are not enough to have them, especially in the value added services (VAS) are, they will have life-changing and transformative impacts on our quality of live, how we executive services and will hopefully increase quality of live in the emerging markets.
We believe that the direction to digital contents and services is set; nothing is going to stop that, but how quickly the adoption happens is a function of who the players are in the space.
And Solo Phone hopes to be one of the catalysts to help in the adoption of those digital contents and services in this market in the ways that create wealth, profitable and valuable to the end users.
So, we look at it from the point of view of contents first, value added services later.
Contents are around entertainment: music, movies; we will be talking about games very soon, to complete the entertainment side of the content.
On the VAS area, we are actually looking at it becoming the most interesting part in the coming years; where there will be incredible innovative solutions on digital platform around critical sectors like health, banking & finance, education, commerce, and other significant aspects of our economy or way of life.
In those cases, we believe that the mobile platform will be the primary media through which these things will be consumed. We feel strongly about that.
We see Nigeria and other country on this continent leapfrogging the personal computer, laptop world into smartphone world, because of the economics of it; it is cheaper to buy it, the mobility, ubiquity that makes it possible to go anywhere and do a lot with it.
It could be your voice, internet, music, mobile Tv device; there is just a lot one can do within the smartphone arena. It is going to enable a lot of things and digital content and services are going to play a big role.
The whole idea of Solo is to be a key player in that help to accelerate the directions it go. As a local pedigree, we will help speed up the process.

Market Penetration
The way to look at Solo is, we are primarily in the digital content and services business. What we do on the hardware side is driven by the need to provide the platform for consuming the contents.
So, in the device side of the business, we are barely one year in the market. For us, it is about setting the foundation for success.
This is a long time play. We are not going to sell and disappear like many do. A huge chunk of our time, last year, was on building that foundation: establishing brand presence, distribution partners with critical players like Slot, Micro Station and other big names, establishing regional presence and of course, establishing our digital apps around music.
So, the actual sells and penetration didn’t kick off till the second half of last year, but in terms of how it works, were we have distribution we do extremely well.
It is a sign of how far we are going. Although, we are new, we are present in every regional chain. And the retailers are happy to carry us along as they expand nationwide.
We are on the process of growing that distribution. Clearly, the preposition is resonating with the consumers; they are willing to work with us and embrace the platform.

Solo View Application
Like I said earlier, it is part of the continuum of our entertainment package in the digital platform. We started with Solo music, which is at this point limited to solo phones, because we have some exciting things coming down the pipe.
The way we started that, we entered into agreement with the top three global labels that offer us access to millions music catalogues and they keep getting better by the day.
When you benchmark Solo music with other platforms out there, it sets itself apart both on the depth of our offering, experience and everything that is done around it.
At the moment, you have to buy Solo smartphone phones to enjoy it. Beyond music, everything we are doing is available on Android platform.
So in Solo View we moved from music to movies. The way we look at it is this: mobility is the core of the preposition; the ability to take these stuffs to the subscribers.
If we look at the quality of our lives coupled with busy-engagements of the day; traffic, running from one place to another, we spend more time outside than at home.
To add insult to injury, not all time we spend on the road are productive. So, the ability to take entertainment with you has value anywhere in the world, here, it has magnifying value. To us, entertainment is the combination of music, movies, games and other interesting things that get people excited.
What prompted Solo View was the urge to set ourselves apart in the market. We looked at the market and saw people trying to do amazing things, but they have fundamental limitations often dictated by infrastructure.
Most solutions, before we came were streaming based, which was tied to protecting the intellectual property right of the company.
That affected the consumer experience. Well, the operators have done magnificent job by investing in the 3G network, but the truth of the matter is that growth in usage and demand is still outpacing investment in the networks. So, the customer experience is still lagging in so many areas.
If it is hard to make a call, you can imagine trying to stream a movie on such network, probably, while you are traveling.
That is a challenge and a limitation to the consumer. When we came into the space, we asked ourselves the pertinent question as what we can do to differently.
Therefore, we decided that one essential thing for good customer experience is a download solution; the ability to sit at a place, download as much content into the device or any Android Device that you have.
One, the experience is better. Two, it is more predictable. And that affects our pricing model. For us, the idea it is about that optimal experience for an average customer to enjoy the device, even on the go.
Solo view is a rental service. If it were a Nigerian content, it gives you 15 days window to watch it as many times as you want. It expires on its own.
If it were a Hollywood movie, for instance, it stays on your phone for 30 days. So, we don’t just make it easy for download, the pricing model enables the subscriber to enjoy the content. At the expiration, you delete and create more space for the next one.

Promotion of Local Digital Content
That is the goal and we are achieving it. On the music side we are getting good traction on the local content.
The basic assumption is that 70% of the content is local. For us at Solo, we believe that when you have a movie or video platform, like the Solo View, you actually optimize the platform with the richness of the offering.
When it comes to richness of offering it has to be tied to relevance with the target market which makes local content very compelling. We have huge Hollywood stuffs; they are compelling, current, good quality of 2014 movies of SD/HD option, we are very proud of them.
We get it faster than any other person in this market does. But as we still look at how to enrich the overall experience, we still think the local part is going to be critical. We believe that in not too distant future we will work with the content generating platforms-the publishers, writers, directors, even the artistes; probably, to engage on production of custom-made proprietary content to be deployed on our platform, maybe redistribute afterwards.
We will look beyond the traditional movies. Ours is a society that has some defined segments-religion, finance, et cetera.
The bottom-line is: we are looking at multiple ways to generate contents. It goes to show that this is a customer-centric business.

Solo View and Other Online Content Providers
Obviously, we have the download option. The depth of our offering expands to Nollywood, Hollywood, and others.
And we have to consider the vision. We see are just starting, but in the next three to six months, people will get more abreast with the concept. We see the foundations we are laying as critical in the business continuum.
To us, it not just an isolated movie offering, rather an entertainment offering. For us, we are not a one-shop-movie play station rather a digital entertainment company that is trying to maximize what we have for customer satisfaction.
You cannot take away our commitment to constantly search for that content that makes sense for the people.
Our goal is to build Solo Loyalists to trust us and be at the forefront of innovation around the entire digital content spectrum.

Connectivity Challenge
That is an excellent observation, but that is the principal thing that sets us apart. We deploy our own Solo Hotspots.
Others don’t! The primary deployments were done around our retail locations. We have more than 100 hotspots deployed nationwide and on the second phase to deploy at non-retail location, like where people congregate.
Therefore, aside the arrangements we have made, we are still looking at solving the data issue. It is expensive to pay for data to be able to access contents. We decided that music is more data-friendly, and even went ahead to partner operators to offer free data at some points.
For instance, if you buy Solo phone you get 500mgbyte of data for a period of time from either Etisalat or Airtel.
On the movie side, even with the download solution, it is still expensive. So, we came into the market with our hotspots. At any point of sale, you use Solo phone or any Android device, go to the playstore, download our application and download movies as you like.
The speed is unbelievable. You can download a full length of Nollywood movie in less than two minutes.
The bigger catch is: it is free data. We are using that to solve connectivity problem. So, for the movie, you are just paying for the content and should not the data.
If there is no hotspot close-by, it gets to the next level which is click to use either the WiFi or 3G network. So, we go through that three-stage progression to make sure connectivity experience is optimized and the reduction in the cost.

Solo’s Preparedness towards Digital Migration
The design of our devices (the hardware part of the business) is critical when you talk about the digital era in Nigeria and the experience.
We have our 5” product and still looking at tablets and others. We try to optimize the experience to the consumer with power banks, ear-phones, and other features.
In terms of opportunities beyond the mobile platforms, in the content business, the key is finding ways of monetizing the services. Good enough, we are not limited in any way, to a particular content.

Solo In 2015
A lot of people see Solo as just a device company, which is cool; we are proud of that too. However, in 2015, we are going to emerge more in the digital content space. We have the roadmap on how to revolve our experience.
Like I said earlier, in music, we will be leading the way. We will be making more noise in the digital content and services business. So, we start filling-in the true picture of Solo; what it represents to every segment of the society.  
                       


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Defending the foundations for connectivity

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By Engr. Gbenga Adebayo

In 2001, when the first GSM call was made in Nigeria how many of us would have envisaged the digital world that we live in today? The pace of growth and the rate of adoption of telecoms solutions in Nigeria has been revolutionary. It is a globally acknowledged case study that we should be proud of and a clear demonstration of what can be achieved.

Almost all of us today are reliant on the network connectivity that it has enabled in different shapes and forms. From the simple need to communicate with loved ones, to the digital platforms that enable our access to and consumption of entertainment, financial products and other critical services. Our reliance on these systems is becoming more and more acute, whether it is citizens, governments, or corporations. System downtime is increasingly disruptive and offline manual redundancies are often in the advanced stages of being phased out. The pace of this transition is not slowing down. With the core infrastructure in place, innovation is driving the exponential growth of services that ride on it. From the fully adopted social media that has changed the way we interact, to the emerging Artificial Intelligence (AI) revolution.

While this innovation is enabling exciting new possibilities, there is a tendency to focus on those opportunities, to the detriment of the core infrastructure on which it rides. It is imperative that we retain a focus on the optimisation of that infrastructure and enable continued investment in its development. We have seen how the transition from 2G, through to 3G, 4G and 5G have each enabled the development of more and more sophisticated solutions.

The continued development of core infrastructure has to be sustainable, and over the last few months we have begun to see the challenges that the operators that provide it are facing. Both MTN and Airtel have declared significant foreign exchange (FX) losses in Nigeria, and the stress is not linked to them alone. The entire ecosystem is battling with a range of challenges that must be addressed. If we fail to do so, the downstream impact on innovation will be severe. Telecoms infrastructure requires a base level of investment to maintain its current capabilities, and significant additional investment to expand and grow. It is capital intensive and that capital has to be generated through sustainable business models.

At the heart of the challenge the industry faces is the issue of rising costs. Recent financial losses are directly linked to the cost of operating towers that rely on inputs like diesel, which have increased significantly as the Naira has depreciated. The provisions large telecom companies have had to make, and the consequent losses and impact on their reserves is a red flag. It tells us that business as usual is not sustainable. If we continue as we are, then those companies will struggle to continue to invest in and maintain existing services.

But those costs are not the only challenge. General cost inflation, multiple taxation, regular and damaging vandalisation of infrastructure and the costs associated with regulatory compliance all help contribute to the high cost of operations. We cannot continue to follow a path that asks those companies to simply accept those rising costs. It is no longer sustainable, and we have reached an inflection point.

This is a critical moment for the industry. How we approach and resolve it will define the future of Nigeria’s digital economy. If you want to be able to enjoy the benefits that digitisation brings. If we want the infrastructure that enables AI and helps us drive growth, then we must take action now.

Cost-reflective tariffs, like it or not, are simply non-negotiable. We have seen the impact of price controls in other segments of the economy, like power. If providers cannot operate sustainable business models, then they stop investing. When that happens, the existing infrastructure starts to crumble. For power, a consumer can choose to take ownership of the solution by buying a generator, or a solar panel. For fuel, the government can step in as the provider of last resort and manage a subsidy regime that mitigates the impact on the population. Those options are not available in the telecoms sector. There is no self-help solution.

We fully understand and appreciate the financial stress that Nigerians are experiencing today. The cost of living is the single most significant factor in most people’s daily lives. But those people are still able to enjoy the benefits that connectivity brings, at the price they paid before these challenges became so acute. Imagine a future in which the gains of the last twenty years are reversed. Nigeria, and Nigerians simply cannot afford it. The pain that we would feel under those circumstances would be exponentially worse.

We need to find a long-term, sustainable and manageable solution to this problem. Prices will need to rise, but action needs to be taken in a measured way, through sustainable conversations and partnership with the government. It is time to address this head on.

Engr. Gbenga Adebayo is the Chairman, Association of Licensed Telecoms Operators of Nigeria (ALTON)


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.NG Domain is Nigeria’s Pride Online – Akinsanya

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The .ng domain name, Nigeria’s country code top-level domain (ccTLD), is the nation’s critical resource in the digital space, says Adesola Akinsanya, the president of the Nigeria Internet Registration Association (NiRA).

Akintola Owolabi, Professor of Cost and Management Accounting at Lagos Business School (front – third from left; Adesola Akinsanya, the president of the Nigeria Internet Registration Association (NiRA) (Front – fourth from right), flanked by members of EBOD and Management Team of NiRA during a training programme at LBS.

The .ng domain extension is unique to Nigeria, and it can give businesses a strong local identity.

This can help establish trust with customers, which is especially important for businesses that rely on local customers.

Mr. Akinsanya made the comments at NiRA Executive Board of Directors (EBOD) and Management Training held at the Lagos Business School (LBS).

The NiRA Executive Board and Management Training at LBS spanned a series of intensive interactive sessions designed to address critical challenges and opportunities in the digital domain.

The training program emphasized the importance of strategic vision, ethical decision-making, and resilience in the face of digital disruptions.

Participants gained insights into global best practices in digital governance, risk management, and leveraging digital technologies for business growth and societal impact.

Mr. Akinsanya, highlighted the significance of the collaboration with LBS, stating, “The NiRA EBOD/Management Training at LBS underscores our commitment to fostering a robust digital ecosystem in Nigeria. It equips leaders with the expertise to address complex digital challenges especially in accounting and financial management while harnessing the immense opportunities of the digital age.”

The program featured distinguished speakers, industry practitioners, and faculty members from LBS, providing a holistic learning experience enriched with real-world case studies and practical insights.

Participants commended the program for its relevance, depth of content, and interactive learning approach, noting its immediate applicability to their roles and responsibilities.

The NiRA EBOD Training at LBS represents a milestone in advancing digital leadership and governance in Nigeria.

“By equipping leaders with cutting-edge knowledge and strategic insights, the program contributes to building a resilient and innovative digital ecosystem that drives sustainable growth and societal development, especially from NiRA perspective. We must fashion out ways of increasing .NG domain name adoption which is our national pride in the digital space”.

Speaking further on why Nigerians and businesses should adopt the .NG domain name, the NiRA president said, “.NG domain name gives your brand special recognition both on and offline.

“Using a .ng domain name can help your business stand out in the Nigerian and global market. It is a great way to differentiate your brand from competitors and establish a unique identity. A .ng domain name is easier to remember, which can make it more likely that customers will return to your website in the future”, he said.

“It instantly communicates to internet users that your business is located in Nigeria. This can be especially helpful if you operate in a niche or industry where location is important to customers”, the NiRA boss added.

He added that Google and other search engines prioritize local content in search results, hence using a .ng domain name can help improve your website’s search engine ranking for local searches.


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Climate Action Africa Opens Applications for CAAF24 Deal Room

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Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development, has announced the opening of applications for the Deal Room at the 2024 Climate Action Africa Forum (CAAF24). The Deal Room is a groundbreaking platform that aims to connect high-impact climate innovators in Africa with potential investors seeking to accelerate sustainable solutions.

The CAAF Deal Room is a strategic initiative that aims to create opportunities for innovators in the climate-tech domain focusing on emission reduction, energy, agriculture, transportation, circular economy, and building and construction.

The goal of the Deal Room is to select finalists who will have the opportunity to pitch their innovative ideas and solutions at the upcoming 2024 Climate Action Africa Forum, which will be held on June 19th in Lagos, Nigeria.

The Deal Room aims to boost investments in Africa’s green economy by galvanising a community of innovators, entrepreneurs, and investors to create applicable solutions that can mitigate the challenges of climate change on the African continent.

The Deal Room session will facilitate financing for solutions contributing to the growth and sustainability of Africa’s green economy. These deals may encompass prize money, equity plans, debt financing, mergers and acquisitions, and other investment options.

“Through the CAAF24 Deal Room, we aim to bridge the critical gap between promising climate ventures and the essential resources they need to thrive,” says Grace Oluchi Mbah, Co-founder and Executive Director of Climate Action Africa (CAA). “By facilitating connections between passionate entrepreneurs and dedicated investors, we can collectively unlock the immense potential of climate solutions in Africa.”

The eligibility criteria for applying include:

●     The company must be African-owned and operate in any of the 54 African countries.

●     It must be a for-profit company, between 1-5 years post-incorporation, post-MVP (minimum viable product), and post-GTM (go-to-market).

●     The company should leverage digital technology to deliver its business model.

●     Female ownership is an added advantage.

 Those eligible to apply include venture capitalists, impact investors, climate tech startups, Green SMEs (small and medium-sized enterprises), philanthropic organisations, and government representatives.

Following the CAAF24 deal-room will be a post-event accelerator in partnership with the Silicon Valley-based Founder Institute and IDEA Africa. This Africa-wide initiative is specifically designed to further accelerate and enhance support for promising Climate Tech startups and founders who participated in the Deal Room.

The official unveiling of this accelerator will take place at the Climate Action Africa Forum 2024 (CAAF24), marking a significant step forward in driving Climate Tech innovations throughout Africa.

Applications for the CAAF24 Deal Room are open from April 22nd until May 17th. Interested applicants can register at https://deal.caaf.africa/register.


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